CALCMONEY // MORTGAGE // CT // STAMFORD
Calculate your monthly mortgage payment using Stamford-specific property tax rates and local market data.
$695,000
6.95%
1.67%
148
| Principal & Interest | $3,680 |
| Property Tax | $967 |
| Homeowners Insurance (est.) | $232 |
| Total Monthly Payment (PITI) | $4,879 |
$139,000
$768,955
$209,113/yr
The median home price in Stamford is $695,000, above the national median of $420,000. With a median household income of $102,000, the price-to-income ratio is 6.8x — meaning buyers typically spend 6.8 years of gross income on the purchase price.
Property taxes in Stamford run 1.67% of assessed value. On the median home, that is $11,607 per year, or $967 per month added to your mortgage payment. This is significantly above the national average of 1.1%, making property taxes a major factor in your total housing cost.
Connecticut has a state income tax. Factor your take-home pay into how much mortgage you can comfortably carry each month.
The cost of living index in Stamford is 148 (national average = 100). Expect to pay more for groceries, transportation, and services in addition to housing.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $556,000 loan saves $25,020 in interest over 30 years.
Compare Top Stamford Mortgage LendersBridgeport
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Neighborhood-level data for 2 ZIP codes in Stamford. Rates, home prices, and estimated payments vary by area.